The Operating Agreement For Incorporation is a crucial document required when establishing a company in the United Arab Emirates, whether in the mainland or free zones. It serves as the primary governance document that defines the company's structure, operations, and stakeholder relationships in compliance with UAE Federal Law No. 32 of 2021. This agreement becomes particularly important given the UAE's specific requirements for company formation, including considerations for foreign ownership, capital requirements, and corporate governance. It typically includes detailed provisions for shareholding structure, management responsibilities, profit distribution, and dispute resolution mechanisms, while ensuring alignment with both federal and emirate-specific regulations. The document must be carefully drafted to accommodate future business growth while maintaining compliance with UAE corporate law requirements.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification of all members/shareholders forming the company, including full legal names, addresses, and nationality
2. Background: Context of the company formation, business purpose, and intention of the parties
3. Definitions and Interpretation: Detailed definitions of terms used throughout the agreement and rules of interpretation
4. Formation and Name: Details of company formation, trade name, and legal status
5. Principal Office and Duration: Company's registered address and duration (fixed term or perpetual)
6. Purpose and Powers: Company's business activities and powers to conduct operations
7. Capital Structure: Details of capital contribution, shares/units allocation, and payment terms
8. Management Structure: Governance framework, manager appointments, and decision-making processes
9. Members' Rights and Obligations: Rights, duties, and responsibilities of members
10. Meetings and Voting: Procedures for member meetings, voting rights, and quorum requirements
11. Financial Affairs: Fiscal year, accounting practices, and financial reporting requirements
12. Profit and Loss Distribution: Method of distributing profits and losses among members
13. Transfer of Interests: Rules governing transfer of ownership interests and restrictions
14. Dissolution and Liquidation: Procedures for company dissolution and asset distribution
15. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction
1. Non-Competition and Confidentiality: Restrictions on competitive activities and protection of company information, used when specific intellectual property or trade secrets need protection
2. Tag-Along and Drag-Along Rights: Special provisions for share transfers in case of sale to third parties, typically used in larger companies with multiple shareholders
3. Deadlock Resolution: Procedures for resolving management deadlocks, important for companies with equal ownership splits
4. Pre-emptive Rights: Rights of existing members to maintain ownership percentage when new shares are issued
5. Put and Call Options: Rights to force purchase or sale of shares under specific circumstances
6. Islamic Finance Compliance: Specific provisions ensuring compliance with Sharia principles, if required
7. Employee Profit Sharing: Framework for employee participation in company profits, if applicable
8. Emiratisation Provisions: Specific commitments regarding UAE national employment, if applicable to the business sector
1. Schedule 1 - Members' Information: Detailed information about members including contact details and initial capital contributions
2. Schedule 2 - Business Plan: Initial business plan and strategic objectives
3. Schedule 3 - Share Capital Structure: Detailed breakdown of share classes, rights, and ownership percentages
4. Schedule 4 - Management Structure: Organizational chart and management responsibilities
5. Schedule 5 - Reserved Matters: List of decisions requiring special approval or unanimous consent
6. Schedule 6 - Initial Assets: List of assets initially transferred to the company
7. Appendix A - Form of Share Certificate: Template for share certificates
8. Appendix B - Key Performance Indicators: Metrics for evaluating company and management performance
Find the exact document you need
Operating Agreement Between Two Companies
UAE-governed agreement establishing operational terms and responsibilities between two collaborating companies.
Download
Entity Operating Agreement
A UAE-governed agreement establishing the operational and governance framework for a business entity, outlining member rights, management structure, and internal procedures.
Download
LLC Agreement
A UAE-governed agreement establishing a Limited Liability Company, defining its structure, management, and shareholder relationships under UAE Commercial Companies Law.
Download
Amended And Restated Limited Liability Company Agreement
A UAE-law governed agreement that updates and consolidates the existing LLC agreement, incorporating all amendments and current governance structure.
Download
LLC Business Partnership Agreement
UAE-governed agreement establishing an LLC partnership, defining partner rights, responsibilities, and operational framework under UAE Commercial Companies Law.
Download
Small Business Operating Agreement
UAE-governed operating agreement establishing the management and operational framework for a small business entity, defining owner rights and responsibilities.
Download
Operating Agreement For Non Profit Corporation
A governing document that establishes the operational framework and internal rules for a non-profit corporation under UAE law.
Download
Operating Agreement For Incorporation
UAE-governed operating agreement establishing company formation, governance structure, and shareholder relationships under UAE Federal Law.
Download
Operating Agreement For Corporation
UAE-governed Operating Agreement establishing corporate governance structure and operational framework under UAE Commercial Companies Law.
Download
Management Agreement Between Two Companies
UAE-governed agreement establishing management services arrangement between two companies, defining services, responsibilities, and commercial terms.
Download
Limited Liability Agreement
UAE-governed agreement establishing and regulating a Limited Liability Company, defining its structure, governance, and operations under UAE law.
Download
Joint Operation Contract
UAE-governed agreement establishing terms and conditions for joint operations between multiple parties, ensuring compliance with UAE federal laws while facilitating collaborative business activities.
Download
Joint Operation Agreement
UAE-governed agreement establishing terms and conditions for joint business operations between multiple parties.
Download
Joint Operating Agreement
UAE-governed agreement establishing operational and management framework for joint ventures in resource exploration and development.
Download
Holding Company Operating Agreement
A UAE-law governed agreement establishing the operational and governance framework for a holding company, including shareholder rights and management procedures.
Download
Family LLC Operating Agreement
A comprehensive governance document for family-owned LLCs in the UAE, establishing management structure, succession planning, and family member rights under UAE law.
Download
Amended Operating Agreement LLC
A UAE-compliant legal document that modifies an existing LLC Operating Agreement, updating company structure and operational parameters under UAE law.
Download
Aircraft Operating Lease Agreement
UAE-governed agreement setting out terms and conditions for aircraft operating lease arrangements, compliant with UAE aviation regulations and international standards.
Download
Single Member LLC Operating Agreement
A UAE-compliant governing document that establishes the operational and management framework for a single-member limited liability company.
Download
Member Managed Operating Agreement
UAE-governed operating agreement establishing the framework for member-managed LLC operations and governance.
Download
Limited Liability Company Operating Agreement Single Member
UAE-governed operating agreement establishing the framework for a single-member LLC, detailing governance, management, and operational procedures under UAE law.
Download
Franchise Operating Agreement
UAE-governed agreement establishing franchise operating rights and obligations between franchisor and franchisee, compliant with UAE Commercial Agency Law.
Download
Bylaws Operating Agreement
UAE-governed corporate bylaws and operating agreement establishing company governance structure and operational procedures under UAE Federal Law.
Download
Sole Proprietorship Operating Agreement
UAE-governed operating agreement establishing the framework and operational guidelines for a sole proprietorship business.
Download
Multi Member LLC Operating Agreement
A comprehensive operating agreement for multi-member LLCs in the UAE, compliant with UAE Commercial Companies Law, governing company operations and member relationships.
Download
Member Managed LLC Operating Agreement
UAE-compliant operating agreement for a member-managed LLC, establishing governance structure and member rights under UAE law.
Download
Real Estate LLC Operating Agreement
UAE-governed operating agreement for real estate LLC formation and management, aligning with UAE commercial and real estate regulations.
Download
Manager Managed LLC Operating Agreement
UAE-governed operating agreement establishing the framework for a manager-managed LLC, defining member rights and management structure under UAE law.
Download
Operating Management Agreement
UAE-governed agreement establishing terms for professional management and operation of a business or property by an operator on behalf of an owner.
Download
Restated Operating Agreement
A UAE-law governed agreement that consolidates and updates a company's operating terms and governance structure into a single, comprehensive document.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)